DRC: France’s Perenco SA to build 100 MW gas-fired power plant

Congo’s sole crude producer, France’s Perenco SA has announced that it will start constructing a 100 megawatt gas-fired power plant on the Atlantic coast. The construction of the power plant is part of the emergency plan of the Democratic Republic of Congo’s new president, Felix Tshisekedi, which aims among other things to increase access to […]

IMF projects Kenya to dethrone Ethiopia as East Africa’s largest economy in 2025

Kenya is set to become East Africa’s largest economy by 2025, overtaking Ethiopia, according to new projections from the International Monetary Fund (IMF). The IMF forecasts Kenya’s GDP will reach $132 billion, surpassing Ethiopia’s projected $117 billion. This shift is driven by divergent economic strategies. Ethiopia’s decision to devalue its currency, the birr, by over […]

Moroccan Diplomat Elected President of UNICEF Board of Directors

Morocco’s permanent representative to the United Nations in New York, Omar Hilale, was elected president of the UNICEF board of directors for the year 2019. The election of the Moroccan diplomat, which follows the endorsement by the Group of African States in the United Nations, translates the international community’s trust in the role of Morocco […]